Asian shares were down for a sixth straight session on Tuesday after a renewed spike in European energy prices stoked fears of recession and pushed the euro to 20-year lows. Analysts warned inflation in Britain could top 18 percent if energy prices were not restrained.

A burgeoning financing mechanism gives retail investors easy access to small businesses, with all the risks and benefits that entails.

Gross domestic product fell by 11.0 percent in 2020, the Office for National Statistics said. This was a bigger drop than any of the ONS's previous estimates and the largest fall since 1709, according to historical data hosted by the Bank of England.

Venturing far from its core business, KFC Indonesia offers customers the use of electric vehicle charging stations (SPKLUs) at two of its outlets to boost sales for its license holder PT Fast Food Indonesia (FAST).

The government has reiterated a plan to create a bullion bank by merging Bank Rakyat Indonesia (BRI) and PT Pegadaian in a bid to end Indonesia's dependence on ‘parking’ its gold reserves in Singapore.

The US dollar hit a fresh five-week high versus major peers on Monday after more Federal Reserve officials flagged the likelihood of continued aggressive monetary tightening.

China cut its benchmark lending rate and lowered the mortgage reference by a bigger margin on Monday, adding to last week's easing measures, as Beijing boosts efforts to revive an economy hobbled by a property crisis and a resurgence of COVID cases.

The protectionist trade policies adopted by some trading partners amid persisting global uncertainty could pose a challenge as well as an opportunity for Indonesia's manufacturer exporters.

Wheat prices are expected to decline in the coming months as exporting countries enter harvesting season, but the Indonesian Flour Mills Association (Aptindo) says the longer-term trend also depends on fertilizer prices.

Skyrocketing fuel and energy prices have cut into Indocement's first-semester net profit, but the company remains optimistic about sales in the second half of the year.

In his annual state address, President Joko “Jokowi” Widodo vowed that work on Indonesia’s planned new capital would continue, even as questions remain as to how the enormous project will be financed.

Indonesia had previously wooed Tesla for investment in its nickel industry, looking to produce and supply batteries for its EVs. 

State-owned steelmaker China Baowu Steel Group Ltd. is reportedly in talks to acquire some of Tsingshan Holding Group's assets in Morowali, in a mission to expand its business in nickel, which is the main material used in stainless-steel production.

The US dollar climbed to a fresh one-month high against a basket of major peers on Friday as Federal Reserve policymakers continued to talk up the need for further interest rate hikes ahead of their key Jackson Hole symposium next week.

The high inflation rate in Indonesia is likely to continue in 2023 as Bank Indonesia projects that prices will remain stubbornly high next year, extending what the country has been suffering throughout this year.

In the first quarter of this year, the Trade Ministry recorded five new and three re-initiated cases of trade remedies imposed on Indonesian products by trading partners.

The dollar was on the front foot on Thursday after minutes from the Federal Reserve's July meeting pointed to US interest rates staying higher for longer to bring down inflation.

Another extension of the bank loan-restructuring program believed to be unlikely, but experts and borrowers say authorities may want to reconsider, arguing that some businesses need more time to fix their finances.

Markets dropped in Asia on Thursday following a sell-off in New York spurred by minutes from the Federal Reserve indicating officials intended to keep lifting interest rates to tackle decades-high inflation.

The budget plan for next year reflects determination to bring the deficit back down below 3 percent of GDP and leave enough fiscal space for any eventuality.

Scheduled to be held from Aug. 24-28 in Cologne, Germany, Gamescom is one of the biggest gaming events worldwide, in which game developers and investors can meet each other to make transactions; Indonesia is sending 13 delegations to the event.

Apple's Chinese suppliers Luxshare Precision Industry and iPhone assembler Foxconn have started test production of Apple Watch and MacBook in Northern Vietnam, the report added. 

President Joko Widodo claims Indonesia’s commitment to strengthening its downstream industry has proved to be fruitful, as it allows the country to gradually shift from selling raw materials to value-added goods. 

As the world moves forward from the pandemic, so too does the public’s sense of mobility, whether it’s wanderlust or day-to-day commuting.

The number of people living in poverty in 2021 rose to a total of almost 20 million or 18.1% of the population from 16.7 percent in 2018, the Philippine Statistics Authority (PSA) said, overshooting the government's target of 15.5 percent-17.5 percent. 

The price hike will be complemented with rules on subsidised fuel sales that will be issued this month, Energy Minister Arifin Tasrif was quoted as saying by several local media, including news website bisnis.com.

While Garuda Indonesia is relieved that Boeing, along with several other creditors, did not make any debt repayment claim in the local court within the 30 days following its debt suspension case (PKPU) conclusion, experts believe this alone will not prevent creditors from filing lawsuits to force repayments later on.